Villa in Palm Jumeirah sold for Dhs260 million
- Last updated: September 1, 2026 | 15:42
Picture used for illustrative purposes.
Gulf Today, Staff Reporter
A villa on Palm Jumeirah sold for Dhs260 million among 285 real estate transactions in Dubai, contributing to total sales of Dhs950 million, with Dhs180 million in mortgages and Dhs75 million in gifts.
The Dubai real estate market saw the sale of a residential villa on Palm Jumeirah for Dhs260 million at the beginning of trading on Tuesday.
As reported by the Dubai REST app, the villa spans 26,552 square feet and was sold at an average rate of Dhs9,793 per square foot. This transaction was part of the Ayumi project.
Overall sales amounted to Dhs950 million from these 285 transactions. Mortgages accounted for Dhs180 million across 36 deals, while gifts totaled Dhs75 million from 20 transactions.